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Clubbing of income
what is clubbing of income
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It means the income of any other person will be included in your gross total incone
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Clubbing of income - Examples are -
Income of minor is clubbed with parent (either mother or father as opted initially. (Income to be clubbed will be income above 1500/-)
Income of wife included in income of husband ( This is in respect of income arising out of money gifted by husband)
Today you joined !!
Clubbing of income - Examples are -
Income of minor is clubbed with parent (either mother or father as opted initially. (Income to be clubbed will be income above 1500/-)
Income of wife included in income of husband ( This is in respect of income arising out of money gifted by husband)
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